Here we use formula
Profit = Sell Price - Cost Price
As shown in solution.
this example forgot to include the advertising costs. the real inequality is ((0.01x^2)+3.5x+700)/x is less thanor qual to 9
You own a T-shirt company that has done so well that the class has decided to expand its operatio...
Thank you so much. Need help... Red Canyon T-shirt Company operates a chain of T-shirt shops in the southwestern United States. The sales manager has provided a sales forecast for the coming year, along with the following information: Budgeted Unit Sales Quarter 1 42,000 Quarter 2 64,000 Quarter 3 32,000 Quarter 4 64,000 • Each T-shirt is expected to sell for $17. • The purchasing manager buys the T-shirts for $7 each • The company needs to have enough T-shirts...
Jeff has been given exclusive rights to sell the college-branded t-shirt online. He pays $100 a month for a Web server and internet connect. He also pays $20 each t-shirt to the company that sells him the printed t-shirts which he sells on his website. The table below shows his demand schedule for the college-branded shirts Price Quantity ($s per t-shirt) (t-shirts per month) 0 100 10 80 20 60 30 40 40 20 50 0 On one graph, draw...
The Jacksonville Shirt Company makes two types of T-shirts: basic and custom. Basic shirts are plain shirts without any screen using the basic shirts and then adding a custom screen printing design The company buys cloth in various colors and then makes the basic shirts in two departments, Cutting and Sewing. The company uses a process costing system (weighted-average method) to determine the production cost of the basic shirts. In the Cutting Department, direct materials (cloth) are added at the...
If company A manufactures t-shirts and sells them to retailers for US$9.80 each. It has fixed costs of $2625 related to the production of the t-shirts, and the production cost per unit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers. The demand for its product is p = 15 − x 125 , its production cost per unit is US$5.00 and its fixed cost are the same as for company A . (i) Derive the...
Rinaldo & Sons buys T-shirts in bulk, applies its own trendsetting silk-screen designs, and then sells the T-shirts to a number of retailers. Rinaldo wants to be known for its trendsetting designs, and it wants every teenager to be seen in a distinctive Rinaldo T-shirt. Rinaldo presents the following data for its first two years of operations, 2016 and 2017 i (Click the icon to view the data.) - X More Info Read the requirements. Requirement 1.Calculate Rinaldo's operating 2017...
You will assume the role of a young entrepreneur eager to start a small company. As a start up company, your plan is as follows: • Rent a retail kiosk inside the Galleria Mall • Purchase T-shirts to sell • Each shirt will be imprinted with one of twelve beautiful pictures exclusively designed for your company by a famous artist who is a friend of yours. He has agreed to design twelve super attractive T-shirt pictures for you each year...
You are the co-founder of ABC T-Shirts Limited, a T-shirt clothing company that has been trading for the past three years with limited success. You have now made the decision to seek external investment into the company to expand into sports equipment market. As part of the due diligence process, potential investors have asked you to prepare a cash flow statement for the first quarter 2017. Your records show ABC T-Shirts Limited will have the following balances on the 1st...
Please show all work so it can be easily understood. This must be done by hand method. NO EXCEL PLEASE. ] The Borrough Garment manufactures men's shirts and women's blouses for WolMak. In an agreement, Wolmak will accept all production supplied by Borrough Garment. The production process includes cutting, sewing, and packing. Borrough employs 25 workers in the cutting department, 31 in the sewing department, and 5 in the packing department. The factory works on 8-hour shift, 5 days a...
Hi! I believe I have solved most of the problem, but I need guidance when it comes to formating the information into an excel sheet in the 3rd request. Below, I gave the situation for this problem, as well as the request that this fictional company has. The Situation... As a new hire for GMC, you have been assigned to assist a new client -Smith Shirts-a start-up business which manufactures and sells various styles of shirts. We rent production equipment...
QUESTION 2 A firm operating in a T-shirt business has a plant of fixed size and that it can vary its output only by varying the amount of labour it employs. The table below shows the firm’s data on the unit of labour employed and the total product (number of T-shirts) produced. Assume that the cost of labour, which is $50 per unit, is the only variable cost, and the total fixed cost is $100. No. of Labour Total Product...